Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
Answer:
American Revolutionary War veteran Daniel Shays led four thousand rebels in a protest against economic and civil rights injustices. ... In 1787, Shays' rebels marched on the United States' Springfield Armory in an unsuccessful attempt to seize its weaponry and overthrow the government.
Explanation:
the four thosand rebels were farmers
Answer:
.11 .28
Explanation:
answer if correct gve me brainelest
Since it was from Alexander the Great and One of the Emperor was ruled by Herculus the god of War
The war pitted the Central Powers (mainly Germany, Austria-Hungary, and Turkey) against the Allies (mainly France, Great Britain, Russia, Italy, Japan, and, from 1917, the United States). Read more about the Allied powers.
